Of the following items, which would be considered working capital as opposed to a capital asset?
A) Disposable parts that aid in installation and are shipped with each sale
B) A CAD/CAM machine used in the manufacturing process
C) An addition to the existing building designed to facilitate a new product line
D) None of the above are working capital assets.
Answer: A
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The relationship of $325,000 to $125,000, expressed as a ratio, is
a. 2.0 b. 2.6 c. 2.5 d. 0.45
Which of the following strategies for new-product development incorporates buyers' preferences in the final design of the product?
A) quality function deployment B) market leadership C) cost leadership D) incremental innovation E) disruptive technology
Odessa Co. has current assets of $6.38 million and net income of $10.4 million. Current liabilities total $2.9 million, interest expense is $2.4 million, and income tax expense is $3.4 million. What is the times interest earned ratio for this company? (Round your final answer to 2 decimal places.)
A. 6.75. B. 2.20. C. 0.33. D. 0.45.
In addition to developing goals and targets, which of the following components is necessary for continuous environmental improvement by an organization?
a. establishment of historical benchmark measurements b. investment in green/LEED building construction c. annual reduction in CO 2 emissions d. a cultural revolution within the organization